India Tourism Development Corporation Experiences Revision in Stock Evaluation Amid Market Fluctuations

India Tourism Development Corporation (ITDC), a notable player in the hotel, resort, and restaurant sector, has recently undergone a revision in its evaluation. On January 10, 2025, the stock experienced a decline of 5.13%, underperforming its sector by 3.03%. This shift marks a notable trend reversal following two consecutive days of gains.
During the trading session, ITDC reached an intraday low of Rs 636.5, reflecting a drop of 4.63%. The stock's performance over the past day was down 4.90%, contrasting with the Sensex, which saw a minor decline of 0.57%. Over the past month, ITDC has recorded a decrease of 3.65%, while the Sensex experienced a slightly larger decline of 5.32%.

In terms of moving averages, ITDC is currently positioned above the 20-day and 50-day averages but remains below the 5-day, 100-day, and 200-day moving averages. This mixed performance indicates a complex market position for the company.

In light of these developments, ITDC has been added to MarketsMOJO's list, reflecting a strategic adjustment in its overall assessment. Investors and market watchers will be keen to observe how these changes impact the stock's trajectory in the coming days.